2024-04-08, Monday, Daily News (Selected)

April 08 - News Research

Daily Quotes Sharing/Market Policy Dynamics Analysis

On-chain Abnormal Monitoring

Policy Information

1. The next interest rate decision of the Federal Reserve: The probability of maintaining the interest rate unchanged is as high as 95.2% (2 am on May 2, 2024)

2. The US SEC called for comments on the spot Ethereum ETF and has opened a window for comments on three Ethereum spot ETF proposals.

3. Kashkari of the Federal Reserve: Bitcoin still has no legal use cases in developed democracies

4. Deputy Secretary for Finance of Hong Kong, Wong Wai-lun: A comprehensive and clear regulatory system is the key to promoting the sustainable development of virtual assets

Macro Content

1. This week's events: On Monday, the London Stock Exchange announced that it would accept the listing application of Bitcoin and Ethereum ETN; on Wednesday, the US March CPI data; on Thursday, the US March PPI data; the Federal Reserve released the minutes of the March monetary policy meeting.

2. The yield on the 2-year U.S. Treasury bond rose to 4.782%, the highest level since November 28 last year; the yield on the 10-year Treasury bond rose 5 basis points to 4.4258%.

3. Israel has withdrawn troops from southern Gaza on a large scale. The Israeli Defense Minister said that the withdrawal is aimed at preparing for military operations in Rafah. The military adviser to the Supreme Leader of Iran said that Iran's response will make Israel regret it and the Israeli embassy is "no longer safe."

4. Ultraman and Apple's former chief designer seek $1 billion in funds for the new A project, and Masayoshi Son and Jobs' widow may participate in the investment.

Cryptocurrency news

1. Data: Last week, the spot Bitcoin ETF had a net inflow of US$484 million, corresponding to the spot Bitcoin ETF's increase in the number of BTC spot holdings last week of about 7,200.

2. The number of new addresses added to Ethereum in March hit a new high since November 2021. The total number of bridge user addresses on the Base chain exceeded 500,000.

3. Unlocking data this week: APT (worth $330 million), EUL, GLMR, and 1INCH will usher in large unlocking

4. RSIC METAPROTOCOL transaction volume exceeded 1,000 BTC, the floor price rose 44.2% in the past 24 hours, and the market value exceeded $134 million.

5. Runestone floor price exceeded 0.07 BTC, and the market value exceeded $500 million

6. The US government transferred more than 600 BTC related to Silk Road to a new address in the past three days

7. US senators wrote to the judge of the FTX bankruptcy case, requesting an investigation into the low-price sale of SOL by the FTX bankruptcy law firm

8. Italy and other four European countries cracked the recovery fund fraud and confiscated 600 million euros of assets including virtual currencies

Greed and Fear Index: 76